Calamos Long/Short Equity & Dynamic Income Term Trust

Frequently Asked Questions About CPZ

What does CPZ invest in?

Calamos Long/Short Equity & Dynamic Income Trust operates as a diversified, closed-end investment management entity focused on generating steady income and achieving judicious capital appreciation. It accomplishes these goals by deploying a proven global strategy of investing in both long and short equities, thereby offering hedged market exposure. Established on September 21, 2017, the trust's main office is situated in Naperville, Illinois.

What is the expense ratio of CPZ?

Calamos Long/Short Equity & Dynamic Income Term Trust (CPZ) charges an expense ratio of 4.38%. This is the annual fee deducted from fund assets to cover management and operations.

What is CPZ's dividend yield?

CPZ's trailing-twelve-month yield is 13.15%, calculated from the sum of dividends over the past year divided by the current price.

How big is CPZ?

Calamos Long/Short Equity & Dynamic Income Term Trust (CPZ) manages $250.9M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is CPZ actively managed or an index fund?

CPZ's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was CPZ launched?

Calamos Long/Short Equity & Dynamic Income Term Trust (CPZ) launched in November 2019 and is managed by the fund issuer.